Accountant

Rhode Island School of Design•Providence, RI

5d•Hybrid

About The Position

Rhode Island School of Design (RISD) seeks an Accountant to join the Controller’s department. This position performs professional work in the area of accounting, analysis and reporting as assigned. Specifically, the Accountant is responsible for assisting in drafting financial statements and reports, as well as tax reports for review and approval by the Assistant Controller. The role prepares journal entries, reconciliations and assists with other aspects of the year-end audit and monthly closings. The accountant maintains internal accounting systems, including general ledger, fixed assets and restricted and designated funds. The role prepares audit schedules and notes to financial statements. The accountant follows proper accounting best practices. The successful candidate will thrive in a campus environment that is committed to advancing the principles of social equity and inclusion, environmental and climate justice, and equal access to resources and opportunities.

Requirements

Bachelor’s degree in Accounting or equivalent combination of education and experience.
Minimum three years’ combined experience in auditing, financial reporting, and/or accounting, preferably in a higher educational or non-profit environment.
Demonstrated ability to complete financial reports and analyses.
Demonstrated success in monitoring fiscal compliance of federal grants and understanding grant guidelines and regulations (including, but not limited to knowledge of single audit requirements and grants.gov).
Ability to design and develop financial reports and queries using report writing tools.
Independent thought and judgment is required as well as personal initiative in completing required and assigned tasks.
Excellent computer skills, including Microsoft Excel.

Nice To Haves

A strong knowledge of principles and practices within higher education accounting is preferred.
Experience with tax reporting and compliance preferred.
Workday or similar platform experience is a plus.

Responsibilities

Analyzes and reviews accounts; prepares journal entries, reconciliations, and financial reports as assigned.
Responds to auditor requests and assists with other aspects of the year-end audit and monthly closings.
Completes reconciliations for balance sheet accounts.
As assigned, prepares timely, draft financial reports for review and approval by the Assistant Controller. The reports include, but are not limited to, the Workday periodic financial statements and related footnotes in accordance with GAAP
Assist in the preparation of draft tax reports for review and approval by the Assistant Controller. The reports include, but are not limited to, the IRS Forms 990 and 990T.
Prepares ad-hoc reports and analyses as requested for accounting and administrative use.
Identifies and recommends process improvements and efficiencies as appropriate.
Routinely uses the financial accounting system report writing tool.
Maintains the general ledger. Ensures that proper accounting practices are followed for the data entered into the accounting system.
Processes the monthly closing of the accounting records on financial system.
Coordinates and process the annual closing and roll forward of the accounting records.
Responsible for maintaining the fixed asset accounting system. This involves complete knowledge of the software program, accounting practices in regards to capitalizing fixed assets and appropriate years for depreciation, and an analysis of the plant fund and related audit and Bureau of Census reports.
Maintains a system for restricted and designated funds, including reporting to college departments. Interprets restrictions and reviews for donor documentation before releasing to expendable accounts. Answers inquires from department heads, IE, and Provost Office.
Prepares audit schedules for all restricted gifts, grants, endowed and investment funds. Prepare notes to financial statements including investments, pledges, endowment market/cost values, museum revenues and acquisitions.
Responds to a variety of requests for analytical and financial information.
Performs other duties as requested.